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Dec 3, 2012
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volatility. 2013 we are going to see a consistent disinvestment from developed equities and bought in the uk, europe, japan and the u.s. >> i got one bet for the new year. mike o'brien is going to pick the irish over alabama in the national championship game. >> all day, every day. >> mike o'brien of jpmorgan, thanks very much. >>> don't miss david faber and his exclusive cnbc interview with charter communications chief executive officer, thomas rutledge. it will be mr. rutledge's first sitdown since taking on that role in february. shares of charter gaining more than 30 prgs ov% over a one-yea. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. >>> rhetoric heating up over the fiscal cliff. will we see a deal by christmas? that was our poll question. 28% said yes. both sides know the
volatility. 2013 we are going to see a consistent disinvestment from developed equities and bought in the uk, europe, japan and the u.s. >> i got one bet for the new year. mike o'brien is going to pick the irish over alabama in the national championship game. >> all day, every day. >> mike o'brien of jpmorgan, thanks very much. >>> don't miss david faber and his exclusive cnbc interview with charter communications chief executive officer, thomas rutledge. it will be...
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Dec 5, 2012
12/12
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the problem lies in the uk tax code, isn't it? >> indeed. the uk tax code is complicated. and that in itself provides an opportunity for companies to plan. also some of what they want to do. it's very important to make this distinction between avoidance and evasion. evasion is illegal. avoidance is looking at the law and seeing what opportunities there are to minimize costs and tax is just another cost of doing business. >> so the long and the short of it is successive governments, whether they be coalition, torrey, labor governments have made a right mess. why is that this tone that is so complicated that creates all these opportunities for avoidance? >> it's because people have built anti-avoidance legislation on anti-avoidance legislation rather than actually thought about what they're trying to tax. but part of the problem with the u.s. companies from the government's perspective is that the international tax regime worked quite well when profits tended to be made in the same country that sales are made in, but the pac have got excited about the fact that sales are hig
the problem lies in the uk tax code, isn't it? >> indeed. the uk tax code is complicated. and that in itself provides an opportunity for companies to plan. also some of what they want to do. it's very important to make this distinction between avoidance and evasion. evasion is illegal. avoidance is looking at the law and seeing what opportunities there are to minimize costs and tax is just another cost of doing business. >> so the long and the short of it is successive governments,...
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Dec 17, 2012
12/12
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want to bring in michelle caruso-cabrera as markets close in the uk and across europe. a lot going on. a lot in italy. >> it's an all-italian version of the european close right now, carl. mario monti, contrary to reports last week that he did not want to run for prime minister again, we now hear he's undecided, and may actually run for p.m. of the country. right now he serves technocratically. there's expected to be an election early next year, maybe in february or in march. he has told reporters that he's considering it. the cabinet member he spoke with earlier in the week said he's going to make an announcement sometime this week on television. when asked by reporters about his recent visit to the tomb of saint francis he said he did, indeed, pray there to help him make a decision about whether or not to run. a man eagerly awaiting monti's decision is silvio berlusconi, the former prime minister of italy. we're pretty sure he has not prayed at the tomb of st. francis lately. he has said that he devil wants to be run for prime minister again however at the same time h
want to bring in michelle caruso-cabrera as markets close in the uk and across europe. a lot going on. a lot in italy. >> it's an all-italian version of the european close right now, carl. mario monti, contrary to reports last week that he did not want to run for prime minister again, we now hear he's undecided, and may actually run for p.m. of the country. right now he serves technocratically. there's expected to be an election early next year, maybe in february or in march. he has told...
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Dec 14, 2012
12/12
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from the uk's stewart hughes. just $8 million. still too practical? check out this diamond encrusted blackberry bold for $1.2 million. to be fair i'm not sure they're selling that one anymore, carl. >> the 10 is still coming. maybe you can modify it for the 10. that is fabulous. take me back to the television. i assume it's only as good as the input you give it, right? if you play a standard dvd it is going to look like a standard dvd? >> that's right. it'll upscale blue ray and sony gives you a server with 10 4-k movies preloaded. it loans that out to people who buy the tv. >> all right. now the robot. did i hear you right? your face appears on the forehead? >> yeah. it's a little kind of a cross between fun and creepy. you can talk to the robot. see the person's face. >> definitely on the creepy. >> it's kind of fun to try to steer it around and, you know, i got to steer it myself when i visited the
from the uk's stewart hughes. just $8 million. still too practical? check out this diamond encrusted blackberry bold for $1.2 million. to be fair i'm not sure they're selling that one anymore, carl. >> the 10 is still coming. maybe you can modify it for the 10. that is fabulous. take me back to the television. i assume it's only as good as the input you give it, right? if you play a standard dvd it is going to look like a standard dvd? >> that's right. it'll upscale blue ray and...
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Dec 3, 2012
12/12
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. >> is dolmen all over the uk? >> that's correct. they're predominantly in ireland, but you look at ireland right now, they're actually going through the reforms. they're trying to inject money in a credit fashion into their economy. and we certainly think we can bring our fixed income expertise and continue to help them. >> that would make sense for cantor. ireland was the mf-will first they were in trouble, then the model for the world. what got them into trouble again, housing or real estate or something or bad banks or -- and now again they're kind of a model for everyone on how to handle it. is that basically the last five years? >> absolutely. certainly was a real estate bubble there. now there are austerity measures being put in place and they're actually following through on the austerity measures. so certainly they'll come out first and actually look pretty good. >> so where is the most business for you for cantor in ireland, what will you be doing? >> certainly it's an equity based firm. we'll bring our fixed income experti
. >> is dolmen all over the uk? >> that's correct. they're predominantly in ireland, but you look at ireland right now, they're actually going through the reforms. they're trying to inject money in a credit fashion into their economy. and we certainly think we can bring our fixed income expertise and continue to help them. >> that would make sense for cantor. ireland was the mf-will first they were in trouble, then the model for the world. what got them into trouble again,...
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Dec 11, 2012
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>> it's really about the access to the uk/u.s. marketplace. it's by far, by 200%, the largest market between europe and the u.s. and delta's had about an 8% market share. with this transaction, we get to second place with about a quarter of the market. >> a lot of people looked at singapore air when it had 49%, which is what you're buying. they said singapore air never could really maximize the profit potential. what can you do that singapore air could not do? is it about that access between new york and london? >> yes. and it's about geography. singapore is a long way away from london. and the traffic flows between singapore and london are light. a couple hundred people a day between singapore and london. whereas the traffic flows between the u.s. and uk for business travelers represent $2 billion in annual revenue. so it's massive. massively larger, and the geography is a lot closer. >> you're expecting approval perhaps by the middle of next year. once that happens when will you say, okay, let's modify some of the flight schedules in terms o
>> it's really about the access to the uk/u.s. marketplace. it's by far, by 200%, the largest market between europe and the u.s. and delta's had about an 8% market share. with this transaction, we get to second place with about a quarter of the market. >> a lot of people looked at singapore air when it had 49%, which is what you're buying. they said singapore air never could really maximize the profit potential. what can you do that singapore air could not do? is it about that...
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Dec 4, 2012
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now starbucks says, it's only made money in the uk once in the last 14 years, 15 years. so this is an example -- look, what they are doing is perfectly legal. certainly starbucks deny that they're doing it for thor. of tax avoidance. but there's no question in times of austerity -- tomorrow we'll find out what taxes in the uk are going to go up -- that this sort of finagling of the finances is most definitely not on. >> i suppose you could call it creative bean counters behind all of that. you could if you wanted to be silly. britain has a bit of a big tax gap problem overall, right? >> it does. and the chancellor of the -- the finance minister has now warned that he won't meet his deficit targets for austerity will have to continue. we expect higher taxes on the rich tomorrow, cuts in public spending, and in this environment the multinationals like google, amazon, starbucks, are very firmly in the firing line. after all what better than to attack big corporate america. and they're being told, smell the coffee. i can play that game, too, michael. >> wake up and smell the
now starbucks says, it's only made money in the uk once in the last 14 years, 15 years. so this is an example -- look, what they are doing is perfectly legal. certainly starbucks deny that they're doing it for thor. of tax avoidance. but there's no question in times of austerity -- tomorrow we'll find out what taxes in the uk are going to go up -- that this sort of finagling of the finances is most definitely not on. >> i suppose you could call it creative bean counters behind all of...
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Dec 12, 2012
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given the fact that unemployment is now lower in scotland than the rest of the uk, will he follow the lead of the scottish government by introducing a more shovel-ready measures for economic growth? >> i think what the honorable gentleman will find is because of the measures taken in the autumn statement, there's an extra 300 million pounds for the scottish government to spend, so if they want to spend that on shovel-ready measures they can. but i certainly am happy to say that when good policies are introduced in any party, in the united kingdom to i think we all have the opportunity to follow them. >> order. statements, the prime minister. >> here on c-span2 we will leave the british house of commons now as they move onto other legislative business. you've been watching prime minister's questions time era questions time error of life wednesdays at 7 a.m. eastern of parliament is in session. you can see this week's question time again monday night -- sunday night on c-span. for more information go to c-span.org. click on c-span series for prime minister's question. plus links to inte
given the fact that unemployment is now lower in scotland than the rest of the uk, will he follow the lead of the scottish government by introducing a more shovel-ready measures for economic growth? >> i think what the honorable gentleman will find is because of the measures taken in the autumn statement, there's an extra 300 million pounds for the scottish government to spend, so if they want to spend that on shovel-ready measures they can. but i certainly am happy to say that when good...
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this is kind of the same thing she did last year, actually, earlier this year for the uk. she's kind of doing reality tv a little bit. she always has the coolest styles when she decides to wear clothes. >> yeah. >> what's up tomorrow? >> tomorrow we've got 12 days of cash, giving away so much cash. it's so exciting. people call up and sigh, ooh, did i win? no. no, just kidding. yeah, we're givinh g casaway in 12 days. >> the list of most overpaid actors is out. >> i'm not so surprised by this. eddie murphy. >> eddie murphy? i'm surprised. >> maybe it's because -- >> some people don't think he deserves it. >> he's done so many movies. his last movies hardly made any money. $2.30 per ticket at the movie. that's what they earn. third on the list, i was surprised, reese witherspoon. and what, sandra bullock? she's tied with jack black. each dollar makes $5.20 at the movies. jack black, yeah, gulliver's travels, awful. year one was awful. he does better with kid movies, like the panda movies. i was really surprised to see sandra bullock on that list. >> you don't find anybody o
this is kind of the same thing she did last year, actually, earlier this year for the uk. she's kind of doing reality tv a little bit. she always has the coolest styles when she decides to wear clothes. >> yeah. >> what's up tomorrow? >> tomorrow we've got 12 days of cash, giving away so much cash. it's so exciting. people call up and sigh, ooh, did i win? no. no, just kidding. yeah, we're givinh g casaway in 12 days. >> the list of most overpaid actors is out. >>...
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Dec 4, 2012
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. >>> anna wintour might be looking for an ambassadorship for the uk or france. >>> new york's mayor corey cory booker starts his food stamp challenge. >> starting to cut through the prejudice and ignorance about people who use supplemental programs and get people to a higher level of consciousness and understand that the common investment in programs like this and they are important. >>> newt gingrich is getting a cameo on parks and recreation. >>> game on, movie fans. they gave out their awards and the bulk went to two live stories, "lincoln" and "zero dark 30." well, anyway, the l.a. times had a fascinating article about how this influential group, the critics, is an oscar predictor. and by the way, they honored frankenweenie. you can prevent gas with beano meltaways, or treat gas with these after you get it. now that's like sunblock before or sun burn cream later. oh, somebody out there's saying, now i get it! take beano before and there'll be no gas. >>> if you're a conservative republican you might feel under attack this morning. a series of events point to a growing concern ov
. >>> anna wintour might be looking for an ambassadorship for the uk or france. >>> new york's mayor corey cory booker starts his food stamp challenge. >> starting to cut through the prejudice and ignorance about people who use supplemental programs and get people to a higher level of consciousness and understand that the common investment in programs like this and they are important. >>> newt gingrich is getting a cameo on parks and recreation. >>>...
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Dec 30, 2012
12/12
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but in fact, in every developed country from the uk, the european union and japan. >> and just to interrupt you, sean, that's probably why everybody says all of this money printing will lead to inflation. one of the reasons it hasn't really is because everybody's doing it. >> there's that reason and there's the underutilization, both in terms of the employment and also in terms of planned capacity. in fact, there are two different views of the investment universe under the current conditions. one is that all this money printing is masking miserable underlying conditions, that real wages haven't increased very much and the economy is in terrific shape. the other view is that the economy is okay and that this additional money printing will result in risk assets increasing in value. and you know, people in our shop, some people have the one view, other people have the other view. it's very interesting. we're in unusual times when additional research will go a long way in pointing out the mine fields. that's where we spend our time. >> that's where you do spend your time. you're independent, no
but in fact, in every developed country from the uk, the european union and japan. >> and just to interrupt you, sean, that's probably why everybody says all of this money printing will lead to inflation. one of the reasons it hasn't really is because everybody's doing it. >> there's that reason and there's the underutilization, both in terms of the employment and also in terms of planned capacity. in fact, there are two different views of the investment universe under the current...
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Dec 7, 2012
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regulatory but it also comes as zynga struck a deal to offer poker and casino games for real money in the uk and that's going to start neck year. and if it is a new avenue of growth it would be good. because its own growth has kind of stalled on lackluster interest, like with mafia wars 2 is shutting down on facebook and 13 other games have been dropped as well. we'll have to see if it works. >> cnbc's mandy drury, thank you. >> thank you. >>> top five viral videos of 2012. remember the father who shot his daughter's laptop after he read her facebook post complaining about her posts? and the space jump 24 miles above the earth. there it goes. number three, the bullied bus monitor who was flooded with more than $700,000 in donations from around the world. number two, gangnam style that how has over nine million views. and the number one viral video of the year, kony 2012. this clocked 100 thourk views in just six days bringing a view to outside central africa that no one knew anything about. reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. yofor giv
regulatory but it also comes as zynga struck a deal to offer poker and casino games for real money in the uk and that's going to start neck year. and if it is a new avenue of growth it would be good. because its own growth has kind of stalled on lackluster interest, like with mafia wars 2 is shutting down on facebook and 13 other games have been dropped as well. we'll have to see if it works. >> cnbc's mandy drury, thank you. >> thank you. >>> top five viral videos of 2012....
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Dec 7, 2012
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the hospital isn't even saying the manner of death but according to reports here in the uk, multiple sources say she took her own life and was found on the hospital premises this morning. they tried to revive her but unsuccessfully. the hospital interestingly said that they have been supporting her through this difficult time and telling us that she was having a tough time. we don't know exactly why or what else was going on in this woman's life. but it appears that she did commit suicide on the grounds of the hospital. anyone else who worked with her but people described as stunned, that the news is staggering. one of the things that this prank phone call really highlighted, aside from the fact that it was a breach of security, was the kindness and unsuspecting nature of both of the nurses who took the phone call. this nurse in question today was the one who originally took the call and then transferred it to the duchess of cambridge's ward. the hospital even said, you know what, these nurses are trained to care for patients, not trained to deal with journalistic trickery. >> michel
the hospital isn't even saying the manner of death but according to reports here in the uk, multiple sources say she took her own life and was found on the hospital premises this morning. they tried to revive her but unsuccessfully. the hospital interestingly said that they have been supporting her through this difficult time and telling us that she was having a tough time. we don't know exactly why or what else was going on in this woman's life. but it appears that she did commit suicide on...
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Dec 14, 2012
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. >> coming from a guy from the uk. >> stephanie: and then graham says slavery was outlawed by a constitutional amendment. the question is who should decide these things? i come out on the side of the people themselves. >> stephanie: to me -- to compare it to slavery -- >> isn't that great? >> stephanie: legalizing same-sex marriage passes then it's the law of the land. graham's -- enshrined in the constitution with the three-fifth's compromise. president lincoln's proclamation declaring saves free -- it was after so many people died that the three-fifth's was rendered moot. so we're hoping we're going to win on the 13th amendment. >> exactly. i think we should get an office poll going on which state is the last to legalize same-sex marriage. >> stephanie: charlie pierce said would i do it today? no. >> jesus chris! >> stephanie: there is a new rapy republican. a judge said a rape victim quote unquote, didn't put up a fight. and if the body doesn't want to get pregnant, the body will stop it from happening. >> oh my god. is there some sort of chat room that these people get this. >> he goes to
. >> coming from a guy from the uk. >> stephanie: and then graham says slavery was outlawed by a constitutional amendment. the question is who should decide these things? i come out on the side of the people themselves. >> stephanie: to me -- to compare it to slavery -- >> isn't that great? >> stephanie: legalizing same-sex marriage passes then it's the law of the land. graham's -- enshrined in the constitution with the three-fifth's compromise. president lincoln's...
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Dec 19, 2012
12/12
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we'll never have a uk -- >> let's talk about that. people are talking about a sensible conversation. >> can i pause for one moment? >> this is the kind of thing that we're not allowed to chat about and we should. >> you mentioned the second amendment and everybody refers to it. let's read it first. here is the second amendment, literally what it says, a well-regulated militia, being necessary to the security of a free state, the right of the people to keep and bear arms, shall not be infringed. >> it has nothing to do with hunting or personal self-defense. these people had just beaten the british and enshined the ability to ton have civilian protection. that's why we're different. >> but this is -- this is -- this is the fundamental problem i have with that. and i get it, i understand historically how we came to that point. but i'm not trying to fight the federal government. i'm not trying to grab a .9 millimeter and say i don't want a federal trooper coming into my home. we have to reach a point in this country when you have -- we ha
we'll never have a uk -- >> let's talk about that. people are talking about a sensible conversation. >> can i pause for one moment? >> this is the kind of thing that we're not allowed to chat about and we should. >> you mentioned the second amendment and everybody refers to it. let's read it first. here is the second amendment, literally what it says, a well-regulated militia, being necessary to the security of a free state, the right of the people to keep and bear arms,...
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Dec 11, 2012
12/12
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that's all part of what goes between the uk and north america for virgin atlantic. the brand remains, guys. make that clear here. the virgin atlantic brand does not go away. what changes is that delta has a 49% stake in the company. there's going to be a press conference later this morning here in new york. we're going to be talking with delta ceo richard anderson, and "squawk on the street" a little later on this morning. but this is a big deal in terms of what's happening with the airlines, and that international consolidation that we've all been expecting. guys, back to you. >> before you go, real quick. how much is this going to really impact delta, singapore air, which had this stake, was unhappy ultimately, because they didn't have the control that they really needed. or thought that they needed. >> i think richard anderson believes he will have the control. also singapore airlines, many believe that it did not utilize the access to heathrow as effectively as delta will be able to in terms of flights between north america, and heathrow. so we'll have to see wh
that's all part of what goes between the uk and north america for virgin atlantic. the brand remains, guys. make that clear here. the virgin atlantic brand does not go away. what changes is that delta has a 49% stake in the company. there's going to be a press conference later this morning here in new york. we're going to be talking with delta ceo richard anderson, and "squawk on the street" a little later on this morning. but this is a big deal in terms of what's happening with the...
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Dec 17, 2012
12/12
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aggreko, this is a power generator supplier here in the uk, down 15% after it was talking about the outlook for 2013. more muted than what certainly people had been expecting. and holcim, the world's biggest cementmaker, it's reinvesting, taking write-downs and charges in its fourth quarter in order to cut operations in most of the of its european operations down 1.3%. certainly not as much as adegreeso, but kind of a da room ter. i want to turn now to forex, show you what's happening with the euro first. over here, as you can see, we're down about .3%. that's consistent with what we're seeing across bourses. bond not all that interesting today. a bit of a mixed bag. and i'll end here, guys, on, of course, the dollar/yen. japan did have when aer being called transformative actions weekend. it still remains toes be seen whether shinzo abe is going to be the next prime minister. can it help spur the company back towards growth? remember, with currencies, it's all relative and there are a lot of other players around the world who are trying to weaken theirs, as well. so it could be an uphill c
aggreko, this is a power generator supplier here in the uk, down 15% after it was talking about the outlook for 2013. more muted than what certainly people had been expecting. and holcim, the world's biggest cementmaker, it's reinvesting, taking write-downs and charges in its fourth quarter in order to cut operations in most of the of its european operations down 1.3%. certainly not as much as adegreeso, but kind of a da room ter. i want to turn now to forex, show you what's happening with the...
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Dec 18, 2012
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the company says it's dropping legal cases in germany, the netherlands, italy, france and the uk. this comes one day after a federal judge denied a request by apple to ban u.s. sales of samsung smart phone models. the devices in questions are the ones that a jury back in august say illegally used apple technology. at that time apple had been awarded $1.1 billion in damages. >>> the markets, dow looks like it will open up about $68 points higher. s&p up about 10 points, the nasdaq up 22.5 points coming on some of this news that we may be getting closer on the fiscal cliff. let's check out what's going on in asia. hang seng was down off marginally. shanghai composite up marginally and the nikkei up as well. quickly in europe, you can take a look at what's going on there. the ftse up about 0.38%. cac flat, and the german dax up about 0.5. >> the white house is proposing a new deal to avoid the fiscal cliff. let's get to steve liesman with more of the details. >> you're surprised, aren't you? >> isn't it happening. >> soon as they want it done they can do it. >> you said it this morni
the company says it's dropping legal cases in germany, the netherlands, italy, france and the uk. this comes one day after a federal judge denied a request by apple to ban u.s. sales of samsung smart phone models. the devices in questions are the ones that a jury back in august say illegally used apple technology. at that time apple had been awarded $1.1 billion in damages. >>> the markets, dow looks like it will open up about $68 points higher. s&p up about 10 points, the nasdaq...
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Dec 7, 2012
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the uk unit of deloitte was in charge of signing off on autonomy's financial statements also before hp bought the company in 2011. but deloitte was also paid significant fees for other work it did for autonomy like due diligence work on a potential acquisition and to many observers the multitasking is potentially an industry problem. >>> let's take a look at stocks to watch this morning. we'll start with the first one, we'll look at enbridge which at this point is not doing a whole lot. it's indicated up 0.3 of a percent. enbridge has raised its dividend by 12% and it sees strong growth in its outlook for next year. next on the list which is coming up now is cooper. cooper fourth quarter profit rising 27% on continued contact lens sales. so, this is -- there's, like, six different coopers at one point. this is the contact lens. there's cooper tire. >> different one. >> cooper company, and cooper. >> dan, when you take a look at everything that's out there, everything that's happening in the economy, what's happening with washington, what's your biggest concern? >> well, biggest concern
the uk unit of deloitte was in charge of signing off on autonomy's financial statements also before hp bought the company in 2011. but deloitte was also paid significant fees for other work it did for autonomy like due diligence work on a potential acquisition and to many observers the multitasking is potentially an industry problem. >>> let's take a look at stocks to watch this morning. we'll start with the first one, we'll look at enbridge which at this point is not doing a whole...
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Dec 28, 2012
12/12
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changers, that is one that has been flooded and it has worked extremely well and australia and the uk. the political aspect would be huge. >> low-income students are risk averse. they do not have secret bank accounts where they can address the situation. and if they fail, the burdens of being on them. they are less likely to pursue a college education if it means earning more than their parents do in a year. we expect pell grant recipients to graduate with more debt than middle and upper income students. they are anywhere from 150% more likely to graduate. we are burdening those the least capable of the most that. the problem is that they are going to impact access. >> the point before you go on, a lot of that is about communicating to families what this means. it is far from perfect, but they are borrowing well beyond their families capability, baking on the fact that they will be able to. i don't disagree that there isn't a perfect model, but i think it has huge potential. >> i want to move on to questions from the audience because i want to get in as many as possible. i think what
changers, that is one that has been flooded and it has worked extremely well and australia and the uk. the political aspect would be huge. >> low-income students are risk averse. they do not have secret bank accounts where they can address the situation. and if they fail, the burdens of being on them. they are less likely to pursue a college education if it means earning more than their parents do in a year. we expect pell grant recipients to graduate with more debt than middle and upper...
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Dec 5, 2012
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so we're firmly in recession here in the eurozone and in the uk as well. we saw services pmi come in weaker than expected. contraction territory for new orders -- this is the british chancellor today. george osbourne will be delivering his autumn statement where he's probably going to say growth isn't strong enough so we're going to not really meet our budget targets as well. all these things coming into play at the moment as we wait for the u.s. session. we did have a good piece of news, though, out of china. the new leadership saying wle do whatever it takes to maintain solid economic growth. the shanghai composite up nearly 3% today. that boosted retail stocks. we also had a spanish bond auction, prefunding for 2013. got nearly the 4.5 billion they wanted. yields in spain. the ten-year did come lower on that auction, so not a bad result. and bid to cover was okay. so spanish yields slightly higher after that. didn't raise the maximum amount. that's where we stand. it's another cautious day under way in europe. back to you guys. >> might get my haircut l
so we're firmly in recession here in the eurozone and in the uk as well. we saw services pmi come in weaker than expected. contraction territory for new orders -- this is the british chancellor today. george osbourne will be delivering his autumn statement where he's probably going to say growth isn't strong enough so we're going to not really meet our budget targets as well. all these things coming into play at the moment as we wait for the u.s. session. we did have a good piece of news,...
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Dec 8, 2012
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the uk's daily mail newspaper reports on a japanese iphone case that doubles as an emergency snack. it's a traditional cracker made of brown rice and salt. not much to look at and not much protection for your phone either. >> tastes like chicken. swedish cop goes above and beyond the call of duty to give a guy a parking ticket. this picture says it all. you think cops in snowy sweden have ticket quotas to fill. >> the man wanted to give a ticket real bad. the new push to free an american imprisoned for year in cuba. for some of you your local news is next. for the rest stick around, you're watching cbs "this morning saturday." >> you have some exciting things to do this weekend? >> come on everybody is mad at me because i'm going to the stones tonight. >> they are green with envy. >> let's talk you have music that makes you feel better? you get pumped up with music in the morning >> absolutely. right now ingrained in my brain right now is kanye. can't get it out of my head. >> does it affect your mood? >> it makes me happy and relaxed. especially when i'm sleep deprived. >> get that
the uk's daily mail newspaper reports on a japanese iphone case that doubles as an emergency snack. it's a traditional cracker made of brown rice and salt. not much to look at and not much protection for your phone either. >> tastes like chicken. swedish cop goes above and beyond the call of duty to give a guy a parking ticket. this picture says it all. you think cops in snowy sweden have ticket quotas to fill. >> the man wanted to give a ticket real bad. the new push to free an...
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Dec 17, 2012
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kate middleton presenting awards at a uk sports ceremony in london. jenna: back to our top story now the kopbd connecticut school massacre. as we await the funerals of two young people killed in that rampage investigators are pouring overcome pursuiters trying to figure out how adam lanza planned his spree. where do you start the investigation? >> first need to please acknowledge the families and slims. my deepest sympathies. so our digital lives are a window into our minds. and by discovering a person's digital life you essentially can map out their life's past and future intentions, and the point of a digital discovery essentially is to find out what happened, and essentially how to prevent this in the future as well. jenna: so where do you start with the material that you might have in a typical case? >> easily, very simply as you would with your own device, from the desktop in you scar the hard drive looking through all different document folders, looking at all the different files and folders, the names of them, the different documents within, an
kate middleton presenting awards at a uk sports ceremony in london. jenna: back to our top story now the kopbd connecticut school massacre. as we await the funerals of two young people killed in that rampage investigators are pouring overcome pursuiters trying to figure out how adam lanza planned his spree. where do you start the investigation? >> first need to please acknowledge the families and slims. my deepest sympathies. so our digital lives are a window into our minds. and by...
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Dec 8, 2012
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canada, the uk, australia, denmark, singapore, hong kong -- they have a points system. admission is awarded based on skills, experience, and education. maybe that's the answer. maybe it isn't. in a country that's always favored the underdog, we haven't really put much thought into this, have we? this fiscal cliff fight is going to end one way or another and then the real work begins. immigration reform is ahead. let's keep the conversation going. find us on facebook and twitter. our handle is cnn bottom line. "cnn saturday morning" continues now with the top stories we're watching. >>> from cnn world headquarters in atlanta, this is "cnn saturday morning." some are calling it the next roe v. wade or brown v. board of education. the issue the u.s. supreme court agreed to take on that will make history. >> all of those who argued for nonintervention because of the things that might happen have now happened because we failed to intervene. >>> when is enough enough? that is the question many are asking about syria, as the death toll climbs and concerns mount over chemical w
canada, the uk, australia, denmark, singapore, hong kong -- they have a points system. admission is awarded based on skills, experience, and education. maybe that's the answer. maybe it isn't. in a country that's always favored the underdog, we haven't really put much thought into this, have we? this fiscal cliff fight is going to end one way or another and then the real work begins. immigration reform is ahead. let's keep the conversation going. find us on facebook and twitter. our handle is...
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Dec 12, 2012
12/12
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her speech, was reported last friday at buckingham palace, will air christmas day on three uk net worworks and we'll see i 3-d. >>> i'm brooke baldwin. want to let you know, moments ago, police identifying the gunman and the victims in that horrific shooting inside a mall in the portland area in oregon. the shooter, 22 years old. here is his picture. no motive yet. we're told the two people he killed did not know him. we have their images for you here. we'll have much more on their lives in just a moment. also, a teenage girl in serious condition right now. here's the sheriff. >> all of us have to recognize that this was a heart breaking tragedy, by any standard. and many, many people will be affected by this terrible act of violence every day for the rest of their lives. and we should keep them in our thoughts and prayers. on the other hand, i think we all need to be very thankful that this incident wasn't much worse. >> we will take you live to portland for more on the shooter in just a moment here. but first, the victims. and this is where this briefing got emotional. i want you to list
her speech, was reported last friday at buckingham palace, will air christmas day on three uk net worworks and we'll see i 3-d. >>> i'm brooke baldwin. want to let you know, moments ago, police identifying the gunman and the victims in that horrific shooting inside a mall in the portland area in oregon. the shooter, 22 years old. here is his picture. no motive yet. we're told the two people he killed did not know him. we have their images for you here. we'll have much more on their...
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Dec 26, 2012
12/12
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CNNW
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but in the uk, canada, and some other parts of the world, people are celebrating boxing day. okay, so it is like a black friday in the u.s., retailers offer big discounts, crowds of people fill the streets and stores today hoping to take advantage of those sales. >>> we're a few minutes away from the top of the hour and "the situation room". joe johns is here with the preview. >> a lot of news out there for the day after christmas. we're counting down the minutes until we reach the fiscal cliff. the congress and the white house are running out of time. there was supposed to be a leadership telephone conversation today, while the president heads back here from hawaii. senior congressional correspondent dana bash is following that closely, so we'll be checking in with her. we're also staying on the story of the gun culture in america. we'll talk to former congressman asa hutchinson, a man who is very well known here in the nation's capital, a long-time friend of the gun lobby. he's been tapped to lead the nra plan to put armed guards in schools.nra plan to put armed guards in s
but in the uk, canada, and some other parts of the world, people are celebrating boxing day. okay, so it is like a black friday in the u.s., retailers offer big discounts, crowds of people fill the streets and stores today hoping to take advantage of those sales. >>> we're a few minutes away from the top of the hour and "the situation room". joe johns is here with the preview. >> a lot of news out there for the day after christmas. we're counting down the minutes until...
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Dec 4, 2012
12/12
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concerns over the uk economy. so we'll see how investors take to what's probably going to be a loosening up of the budget targets the chancellor set when they came into power. so we'll keep our eyes on that. and at the moment today, more talks in brussels. the greeks now getting their buy back program approved 37 trying to sort out a single supervisor. i think these talks will be fairly tricky because there is a majority who bt with a tant the be supervisor for all the banks. german didn't like that. so those talks will go on longer than originally hoped. but we are marginally higher going to the u.s. open. thank you. >> kelly, thank you. i'll just call you r kelly in now. >> that's not bad. >> ross, thank you. great to see you. >>> when we come back on squawk, bank of america ceo brian moynihan in his own words, we caught up with him yesterday to talk about business, the economy and the looming figure. as we head into a break, bank of america, best performing dow component of the year. up about 77%. ♪ [ male an
concerns over the uk economy. so we'll see how investors take to what's probably going to be a loosening up of the budget targets the chancellor set when they came into power. so we'll keep our eyes on that. and at the moment today, more talks in brussels. the greeks now getting their buy back program approved 37 trying to sort out a single supervisor. i think these talks will be fairly tricky because there is a majority who bt with a tant the be supervisor for all the banks. german didn't like...
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Dec 26, 2012
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the uk and france among those celebrating foxing day. we start off with, what else, retail. dips in spending in the mid-atlantic and northeast regions. luxury sales also weak. >> we're coming off the worst christmas eve for the dow since 2006. as the president cuts short his hawaiian vacation to deal with the fiscal cliff, just five days to go until we go over. >> threatening both coasts with workers snubbing up best and final contract offer. >> and more on the home front. we'll have more on the data and whether it can keep one of the best performing sectors of 2012, home builders going in 2013. >> data showing what some experts say is the slowest growth in spending since the 2008 recession. according to mastercard, spending polls units through christmas eve, retail sales rose just .7% from the year before. the national retail federation says it is forecasting a 4% jump in sales. we'll continue to get trickles of data as we progress through this last week. it is still an important week, the final week before the new year in terms of retail sales for these guys. >> historical
the uk and france among those celebrating foxing day. we start off with, what else, retail. dips in spending in the mid-atlantic and northeast regions. luxury sales also weak. >> we're coming off the worst christmas eve for the dow since 2006. as the president cuts short his hawaiian vacation to deal with the fiscal cliff, just five days to go until we go over. >> threatening both coasts with workers snubbing up best and final contract offer. >> and more on the home front....
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Dec 11, 2012
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as you noted, despite the monetary easing from the bank of england, the uk economy was flat. what more they think could the bank of england to and i wanted to know what you think, if there would be any gain in following the approach in canada or the u.s. in specifying how long interest rates would remain low. if you disagree with that, why? >> we do not believe in the bank of england that we have a crystal ball which enables us to foretell the future. so we simply do not know what we will be deciding six months, 12 years, -- 12 months, two years from now. what is important is to have sufficient transparency about how we will react to events as they unfold. we certainly do not want to want to leave vast uncertainty about our future actions. instead of saying interest rates will be low, but we would rather say is, we would rather talk about the actions in a way people are confident how we might react to events as they unfold. the proof of the success is that is that if you look at market interest rates, there is little difference in terms of what markets expect the yield curve
as you noted, despite the monetary easing from the bank of england, the uk economy was flat. what more they think could the bank of england to and i wanted to know what you think, if there would be any gain in following the approach in canada or the u.s. in specifying how long interest rates would remain low. if you disagree with that, why? >> we do not believe in the bank of england that we have a crystal ball which enables us to foretell the future. so we simply do not know what we will...
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Dec 8, 2012
12/12
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the uk is joining the united states in saying syria is now preparing to use chemical weapons. meanwhile, syrian rebels chose a former officer to lead their unified group. the new commander had defected from the syrian military. also today, the syrian military dropped rockets on to damascus. under rebel control. >>> the los angeles police department looking for new clues in the 15-year-old murder mystery of rapper notorious b.i.g. they're looking into biggie's death again. yesterday police released his autopsy for the first time, hoping to generate some new tips. but family says they want more information. the rapper died in a 1997 drive-by shooting in los angeles. >>> and the second winner of last month's powerball jackpot has come forward, but is not showing his face. arizona lottery official says the winner claimed his prize, but decided to remain anonymous, which is allowed under state law there. the officials say the man is in his 30s and will walk away with a cool $192 million before uncle sam comes a knocking. >>> turning back to domestic politics now. pot smokers in was
the uk is joining the united states in saying syria is now preparing to use chemical weapons. meanwhile, syrian rebels chose a former officer to lead their unified group. the new commander had defected from the syrian military. also today, the syrian military dropped rockets on to damascus. under rebel control. >>> the los angeles police department looking for new clues in the 15-year-old murder mystery of rapper notorious b.i.g. they're looking into biggie's death again. yesterday...
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Dec 18, 2012
12/12
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. [♪ "world news tonight" theme ♪] >> stephanie: this is from the view from the uk america's deadly obsession with guns. you can imagine people overseas reading these kinds of statistics. the president said this is the fourth time he has had to -- every day 80 americans are shot to death. every year 17,000 people are killed in america, 70% by guns. nearly 20,000 people commit suicide by shooting themselves to death with a gun in a home. the slaughter of children is 25 times the next largest industrial countries in the world combined >> and according to gun owners of america. the solution is more guns. >> gun owners of america. that's a really fringe group. >> stephanie: pardon me. if you don't think there is something wrong with that -- and that's the only thing -- if everybody says -- oh no you can't touch this part or that part of it. the president yesterday. >> obama: we can't tolerate this anymore. these tragedies must end. and to end them we must change. no single law, no set of laws can eliminate evil from the world or prevent every senseless act of violence in our society. but that can
. [♪ "world news tonight" theme ♪] >> stephanie: this is from the view from the uk america's deadly obsession with guns. you can imagine people overseas reading these kinds of statistics. the president said this is the fourth time he has had to -- every day 80 americans are shot to death. every year 17,000 people are killed in america, 70% by guns. nearly 20,000 people commit suicide by shooting themselves to death with a gun in a home. the slaughter of children is 25 times...